B PROBLEMS P3-1B (L04,6,7) (Transactions, Financial Statements-Service Company Listed below are the transactions of Rook Medical for the month of March March 1 Rook begins practice as a family practitioner and invests 550.000 cash 1 Purchases medical equipment on account from K Enterprises for 527 800 3 Pays rent for office spacer, $1,500 for the month 3 Employs a receptionist, Michelle Kwin. Purchases medical supplies for cash. 51.165. 10 Receives cash of 58 50 from patients for performed 15 Bills patients $11.560 for services performed 21 Pays K Enterprises, on account, $7.00 23 Withdraws 53.000 cash from the business for peruna 26 Receives $2.000 from patients on account 30 Bills patients ses for performed 31 Pays the following expenses in cash Slanes and wages $2.00: miscellaneous office expenses 910 31 Medical supplies used during the months Instructions (a) Enter the transactions shown above in appropriate general ledger accounts (use Taccounts). Le the following ledger accounts: Cash. Accounts Receivable Supplies, Equipment. Accumulated Dingolation Equipment, Accounts Pay able. Owner's Capital Service Revenue Rent Expense, Office Expense Salaries and Wages Expense, Supplies Expense, Depreciation Expense, and Income Summary. Allow 10 lines for the Cash and Income Summary accounts, and 5 lines for each of the other accounts needed. Rexond depreciation using a 5-year life on the equipment, the straight-line method, and no salvage value. Do not use a drawing account. b) Prepare a trial balance la Prepare an income statement, a statement of owners equity and an unclassified balance sheet Id) Close the ledger fel Prepare a post-closing trial balance